SCHEDULES

SCHEDULE 7Moratoriums in Northern Ireland: further amendments

33The Insolvency Practitioners Regulations (Northern Ireland) 2006

In regulation 2 of the Insolvency Practitioners Regulations (Northern Ireland) 2006 (S.R. (N. I.) 2006/33) (interpretation: general), in paragraph (2), before sub-paragraph (a) insert—

za

where the insolvency practitioner acts as the monitor in relation to a moratorium under Part 1A of the Order, whichever is the earlier of the date on which—

i

the moratorium comes to an end, or

ii

the insolvency practitioner otherwise ceases to act as the monitor in relation to the moratorium;